you see is that it has come down since the fed made clear it would buy mortgages back at the fed's jackson hole suites. it's been relatively even because of twists and mortgages haven't come through and there's the 30-year fixed mortgage rate. i reversed that. sorry. it's come down a bit. you can expect it might come down a bit more. some guys said that maybe we could get a handle on mortgages. overall the federal reserve thinks its been supportive of the housing market and that the housing market is key to bringing back a lasting and sustainable recovery. one other message i'm sure the federal reserve chairman will provide is to urge lawmakers to solve the fiscal cliff problem and put the finances of the nation on a sustainable path and i believe he'll remind the lawmakers that the federal reserve no matter what it does with qe cannot undo the effects of the fiscal cliff. >> steve liesman thank you for that. >> got breaking news here from former autonomy ceo mike lynch. kayla tausche is back at headquarters. >> of course we know the news coming out of hp this morning. former ceo mike lync